This Exclusive Carmaker Might Be Preparing to Supercharge Its Production
Is luxury-auto maker Ferrari (NYSE: RACE) about to accelerate its production? That's what a recent Bloomberg article, citing "people familiar with the matter," says the company is up to. The report is credible, considering that the company's stated goal is to boost its production by around 12% from 2016 to 2019.
Investors have been very keen on this stock recently, and I think that'll pick up speed if this speculation -- so far unconfirmed by the company, I should note -- turns out to be true.
A limited-edition, and outrageously expensive, LaFerrari. Image source: Ferrari.
Source: Fool.com
Ferrari NV Stock
€393.60
0.200%
With 14 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 412 € there is a slightly positive potential of 4.67% for Ferrari NV compared to the current price of 393.6 €.
